Comment on Opentrade - learn following star traders

sushant commented on 18 Jan 2016, 07:36 AM

Hi, I’m new trader at zerodha and have a query which still remains unanswered by your demo/sales team.
Plz explain how to put order using stop loss:
Assume stock is at 100.

– Place a sell order if the stock hits 105 or above (don’t want to place limit order as this might remain dormant)
– Place buy order if the stock hits 95 or below (again don’t want to place a limit order)

– Do i need to place a sl or limit sell order if the stock hits above a trigger point and vice versa for buy order

Thanks

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